The post 2024 Forecast: A New Crypto Could Outshine Bitcoin (BTC) with a 900% Increase appeared on BitcoinEthereumNews.com.

Explore top altcoins’ potential in 2024 with Bitcoin’s innovative Layer 2 testnet by Botanix Labs and the promising VC Spectra (SPCT) investment. Witness a surge in Bitcoin price prediction and the emergence of SPCT as a top crypto to invest in. Elevate your portfolio with cutting-edge opportunities in decentralized finance and non-fungible tokens. >>BUY SPCT TOKENS NOW<< Botanix Labs Launches Groundbreaking EVM-Equivalent Layer 2 Testnet on Bitcoin (BTC) Ecosystem In a significant leap on November 29, 2023, Novem moved towards expanding Bitcoin’s (BTC) utility. Botanix Labs unveiled the first-ever fully decentralized Ethereum Virtual Machine (EVM) equivalent Layer 2 on the Bitcoin (BTC) network. This has sparked a level of optimism in Bitcoin price prediction. This achievement follows over a year of dedicated research and development, emphasizing a commitment to enhancing user experience in the Bitcoin (BTC) Ecosystem further promoting Bitcoin Dominance. Willem Schroe, Founder and CEO of Botanix, expressed the team’s mission to simplify the process of building on Bitcoin (BTC). The initiative aims to propel Bitcoin price prediction beyond being a digital currency and position it as a fundamental element in a decentralized financial ecosystem. At the core of this groundbreaking development is Spiderchain, a decentralized network of multisigs that empowers users to operate a full Botanix node, facilitating swift and cost-effective transactions for Bitcoin deployments. Notably, Spiderchain introduces forward security, drawn from encryption systems, ensuring compatibility with Ethereum’s EVM smart contracts. Botanix Labs is now poised to incubate the first-ever Bitcoin-enabled decentralized finance (DeFi) and non-fungible token (NFT) ecosystem. The testnet includes essential components like a Signet Bitcoin faucet, a bridge, and AvocadoSwap, a token swap platform similar to PancakeSwap. This development has seen a spike in Bitcoin price prediction as BTC surges from $35,229 to $37,857 between November 14 and November 29, 2023. This marks a 7.46%…

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Filed under: News - @ December 3, 2023 12:56 am